United Drilling Tools standalone net profit rises 2680.95% in the March 2018 quarter

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Sales rise 1039.07% to Rs 60.94 crore
Net profit of United Drilling Tools rose 2680.95% to Rs 11.68 crore in the quarter ended March 2018 as against Rs 0.42 crore during the previous quarter ended March 2017. Sales rose 1039.07% to Rs 60.94 crore in the quarter ended March 2018 as against Rs 5.35 crore during the previous quarter ended March 2017.For the full year,net profit declined 38.94% to Rs 12.73 crore in the year ended March 2018 as against Rs 20.85 crore during the previous year ended March 2017. Sales declined 8.65% to Rs 73.43 crore in the year ended March 2018 as against Rs 80.38 crore during the previous year ended March 2017.
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First Published: Jun 09 2018 | 5:31 PM IST